This is archived information!
Search current Handbook for current unit information.
Introductory Econometrics - ECON241
This unit introduces some basic econometric techniques employed by economists in the analysis of economic relationships. These techniques are also used extensively in marketing and finance. In addition to its role as a basis for programs of study in economics, marketing and finance, the unit is the foundation econometric unit for students who wish to undertake a program of study in applied econometrics. Topics covered will usually include: estimation and hypothesis testing; simple and multiple regression; prediction; the interpretation and evaluation of regression models, including an elementary discussion of nonlinear modelling, heteroscedasticity, auto-correlation, multicollinearity and specification error; and the use of categorical or qualitative data in regression models. Emphasis throughout the unit is on the application of econometric techniques and the interpretation of estimated results rather than formal theoretical proofs and derivations.
| Credit Points: | 3 |
| When Offered: | S1 Day - Session 1, North Ryde, Day S2 Day - Session 2, North Ryde, Day S1 Evening - Session 1, North Ryde, Evening S2 Evening - Session 2, North Ryde, Evening S3 Day - Session 3, December 2014 - February 2015, North Ryde, Day |
| Staff Contact(s): | Associate Professor Roselyne Joyeux, Dr Daehoon Nahm |
| Prerequisites: |
(STAT122 or STAT170 or STAT171 or PSY122) and (ECON110 or ECON111 or BBA103) |
| Corequisites: | |
| NCCW(s): | ECON141 |
| Unit Designation(s): | |
| Unit Type: | |
| Assessed As: | Graded |
| Offered By: | Department of Economics Faculty of Business and Economics |
Timetable Information
For unit timetable information and session dates for external offerings please visit the Timetables@Macquarie Website.